Home / Knowledge / News / Apparel/Garments / Nordstrom to shut stores in Portland & Vancouver
Nordstrom to shut stores in Portland & Vancouver
06
Feb '14
Nordstrom announced plans to close its Lloyd Center Mall store in Portland, Ore., and its Vancouver Mall store in Vancouver, Wash. The company intends to close the Lloyd Center store where it has been doing business since 1960, around January 2015. Originally opened in 1977, the Vancouver Mall store will close to the public in January 2015.
 
"This was a tough decision to make because we've been doing business at Lloyd Center and Vancouver Mall for a long time and we care a great deal about the community, our customers and our employees here," said Erik Nordstrom, president of stores for the company. 
 
"These two locations just haven't performed to the level we need them to and investing in remodels to possibly make them more successful doesn't pencil out. We never like to close a store, but we came to the difficult conclusion that it doesn't make good business sense to continue operating them after our agreements end. We're disappointed that we couldn't meet our own expectations to keep these stores open." 
 
The closure impacts about 220 non-seasonal employees at Lloyd Center and about 164 non-seasonal employees at Vancouver Mall. With the number of nearby Nordstrom and Nordstrom Rack stores, those employees who want to continue on with the company will likely have a position available for them.
 
"We're making these announcements with plenty of advance notice to our people so we can do our best to take care of them and find them positions at Nordstrom or Nordstrom Rack if they choose to stay with us," said Nordstrom. "We also hope it gives the mall owners time to find a great solution for the spaces that will best serve these communities."
 
The company has three Portland-area full-line Nordstrom stores (Downtown Portland, Washington Square and Clackamas Town Center), four nearby Nordstrom Racks (Clackamas, Tanasbourne, Portland and Cascade Plaza) and a distribution center that will continue to serve customers. 
 
Of the full-line stores, Washington Square was remodeled in 2010, Downtown Portland will undergo a one floor remodel in 2014 and Clackamas is slated for renovations in the near future.
 
"Our company is still growing - we're investing in our full-line stores, building and expanding our Rack stores and continuing to hire," said Nordstrom. "Though these two locations don't work for us anymore, we're still very committed to our customers and employees here. 
 
We have a long history in the Portland area and really love serving this community -- our stores here are amongst some of our most successful in the country. We look forward to continuing to serve our customers here long into the future."
 
About Nordstrom
Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 260 stores in 35 states, including 117 full-line stores, 140 Nordstrom Racks, two Jeffrey boutiques and one clearance store. 
 

Nordstrom


Must ReadView All

Textiles | On 31st May 2016

FICCI forecasts 7.7% GDP growth for Indian economy in FY17

The results of latest round of the Federation on Indian Chambers of...

Apparel/Garments | On 31st May 2016

China to open e-commerce to foreign investment

In a major policy decision, China has decided to lift restrictions to ...

Courtesy- DyStar

Textiles | On 31st May 2016

DyStar launches Cadira Polyester for resource efficiency

DyStar Group, solution provider offering a complete range of...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

Which areas of innovation is the Hindustan Innovation Centre (HIC) focused ...

Dinaz Madhukar
DLF Emporio and DLF Promenade

How do you see the competition from e-stores? What is the marketing...

Vasanth Kumar
Max Fashion India

What is the size of the apparel retail segment? How would you describe the ...

Mark Paterson
Technical Absorbents Ltd

<b><i>Mark Paterson, R&D manager of Technical Absorbents Ltd talks about...

Larry L Kinn
Suominen Corporation

<b><i>Larry L Kinn, Senior Vice President - Operations Americas of...

Giorgio Mantovani
Corman S.p.A

<b><i>Giorgio Mantovani, MD of Corman, with a presence in both Milano and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
May 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search